Taxpayers face a multimillion-pound maintenance bill at the Olympic Park after organisers admitted that they had failed to find a commercial operator to take over the main venue after 2012. … The Times has learnt that the Olympic stadium will cost at least £800,000 a year to keep open. Projected revenues from athletics events and a proposed sports academy will leave a big funding shortfall at the venue, where building costs have already spiralled from £282 million to £547 million. There are fears that the final bill could be much higher.

As Tom Brake, the Liberal Democrats’ Olympics spokesman, notes:

Ministers have presented a vague wish list of legacy proposals rather than concrete plans. The lack of detail raises the fear we’ll still be left with another Millennium Dome.”

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